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Jan 29, 2013
01/13
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if not that fight, then in the next debt ceiling fight the next debt ceiling fight. the demand nor spending cuts isn't going to go anywhere. >> bill: barney frank, he would be fired up, ready to go. he knows she is issues. he knows the fiscal issues better than anybody else. >> deval patrick said he would be happy to have him. he didn't endorse it per se but he expressed sort of opens to the idea. >> wouldn't be a big learning curve for barney. >> bill: no, not at all. i think it would be very tough for governor patrick not to appoint him. i mean who else could step in and have all of the information and all of the experience you need to really fight for the people. >> i was going to say -- >> bill: now, of course, so is it is sort of a relief the fiscal issues are out of the way and we can talk about something else like maybe immigration reform. very unusual to see these days eight senators, four from each party, agree on anything, correct? >> it is. >> bill: you cover the congress. you're there. >> i do. filibuster reform deal that killed filibuster reform. this is
if not that fight, then in the next debt ceiling fight the next debt ceiling fight. the demand nor spending cuts isn't going to go anywhere. >> bill: barney frank, he would be fired up, ready to go. he knows she is issues. he knows the fiscal issues better than anybody else. >> deval patrick said he would be happy to have him. he didn't endorse it per se but he expressed sort of opens to the idea. >> wouldn't be a big learning curve for barney. >> bill: no, not at all. i...
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Jan 15, 2013
01/13
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CURRENT
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measures being -- the debt ceiling. this is all one conversation in their minds where the president is trying to move that away from -- move the deficit cutting away from the debt ceiling and we'll see who ends up successful on this. the republicans lost a big bargaining advantage when they gave up the tax cut discussion. that was tied to the fiscal cliff. at one point if you remember, the president was hoping he could get a debt ceiling deal tied to the fiscal cliff negotiation. that didn't happen. the republicans gave up that negotiation. but they're hoping that the debt ceiling raising will give them the leverage that they need to get what they want when it comes to spending cuts. the president hopes though that he can by delegitimizing this idea of having the debt ceiling as a debate, have them have no leverage going into the deficit-cutting discussion or at least a lot less leverage. >> bill: the other big topic, the only other topic actually raised at the news conference yesterday other than whether or not you ele
measures being -- the debt ceiling. this is all one conversation in their minds where the president is trying to move that away from -- move the deficit cutting away from the debt ceiling and we'll see who ends up successful on this. the republicans lost a big bargaining advantage when they gave up the tax cut discussion. that was tied to the fiscal cliff. at one point if you remember, the president was hoping he could get a debt ceiling deal tied to the fiscal cliff negotiation. that didn't...
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Jan 6, 2013
01/13
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CNNW
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can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going to be talking about further deficit reduction, but it has to be done in a balanced way. at the heart of this debt ceiling debates is whether or not we're going to continue to reduce the deficit. i think we need to do it in a thoughtful way. and the president said as long as it's balanced he's open to the conversation. >> okay. so i'm confused because i've heard him say multiple times i am not going to negotiate over raising this debt ceiling. so are you going to negotiate? >> i can just tell you this. the debt ceiling is something that we should put behind us in a hurry. you know, i
can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going...
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Jan 23, 2013
01/13
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CNBC
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they put the cuts in front and debt ceiling behind it. it is not like we've dealt with this debt ceiling problem. we have to deal with it come may. do i really think the market will have this big reaction as a result of this? i don't think so. i think the market is anticip e anticipati anticipating, which is why we have scent market move higher, right? testing this psychologically. i think what is really going to pierce that is what happens with apple. everyone is just sitting on their chair waiting on apple and so as you get some sense. listen, google had great numberes. but market is not taking off as a result of that, right? >> no, but it is also not selling off. transports are still higher as well. that confirms -- >> that all confirms. now we wait on apple. we will see if we tested pierce 1500. i think if we get to 1500 psychologically, it certainly means something. it will get the momentum and jumps on board. but i think in the end, that the debt ceiling cuts will continue to just cap a little bit. but not saying we will collapse at
they put the cuts in front and debt ceiling behind it. it is not like we've dealt with this debt ceiling problem. we have to deal with it come may. do i really think the market will have this big reaction as a result of this? i don't think so. i think the market is anticip e anticipati anticipating, which is why we have scent market move higher, right? testing this psychologically. i think what is really going to pierce that is what happens with apple. everyone is just sitting on their chair...
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Jan 24, 2013
01/13
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CURRENT
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the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great l
the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the...
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Jan 9, 2013
01/13
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CURRENT
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one that would get -- they would cut the strings that the republicans want to attach to the debt ceiling. what's the other thing you are working ol to make sure this doesn't happen again? >> it's a reimplementation. this was elimination of hypocracy. what it would say is that when we voted on a budget the debt ceiling would be up or down to accommodate the budget we just voted for. you would have a joining rather than a separation of authorizing spending in the obligation to pay for it. so, let me give you an example, the ryan bucket my colleagues all voted for would require the debt ceiling to go up $5 trillion because it slashed taxes so much. in order to accommodate the budget they voted for, they voted when the debt ceiling comes up the high and mighty they are against big spending even though they sold it for a budget that required to go at $5 trillion. >> you have to face this question of what it means to the debt ceiling at the moment you authorized for the spending in the rant budget or the unfunded iraq or afghanistan wars. >> i hope you would explain that to some of the viewers
one that would get -- they would cut the strings that the republicans want to attach to the debt ceiling. what's the other thing you are working ol to make sure this doesn't happen again? >> it's a reimplementation. this was elimination of hypocracy. what it would say is that when we voted on a budget the debt ceiling would be up or down to accommodate the budget we just voted for. you would have a joining rather than a separation of authorizing spending in the obligation to pay for it....
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Jan 15, 2013
01/13
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one to take a stand on the debt ceiling, use that as leverage to try to extract spending cuts out of the white house. or, to not use that because it is a fairly sensitive subject as you've been discussing with market implications. maybe move on to have this showdown over spending, over an actual spending bill, continuing resolution that continues to fund the government which will expire in march. and sequestration, automatic cuts that will kick in about the same time. in other words, is the best tool here to use the debt ceiling or is the best tool to use spending bill and there are a lot of people in leadership who think let's not touch the debt ceiling argument that is toxic. let's focus on spending bills because that is the subject at hand. tracy: especially for the american people. the last thing they want to hear is we'll raise the debt ceiling again the notion we hit it back in december and they did accounting trickery to buy us some time i think that is disheartening as well. >> that's been done before. we already hit the debt ceiling that isn't commonly realized. the question
one to take a stand on the debt ceiling, use that as leverage to try to extract spending cuts out of the white house. or, to not use that because it is a fairly sensitive subject as you've been discussing with market implications. maybe move on to have this showdown over spending, over an actual spending bill, continuing resolution that continues to fund the government which will expire in march. and sequestration, automatic cuts that will kick in about the same time. in other words, is the...
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Jan 14, 2013
01/13
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ceiling if you don't cut spending and a president who says, first of all, i'm not going to cut spending unless you also raise taxes and, by the way, i'm not going to negotiate on the debt ceiling. if past is pro log, i don't think the market or the private sector is going to pay attention to this until the last minute, which means sometimes in the first few weeks of february. >> do you think we will see spending cuts, and by the way, do you think we'll see even higher taxes, greg? >> well, i think we will but i don't think we're going to see it in the form of the grand bargain. i think that kind of both that phrase and that method of doing deals is basically dead. it just doesn't work. the president believes that the speaker of the house of representatives john boehner, he just can't deliver. republicans, there's a deep lack of trust with respect to the administration. my expectation is that you're going to see a lot of muddle through this year. you might see the debt ceiling raised in one-month increments. i think you're going to have to get used to this pervasive patchwork and lack of
ceiling if you don't cut spending and a president who says, first of all, i'm not going to cut spending unless you also raise taxes and, by the way, i'm not going to negotiate on the debt ceiling. if past is pro log, i don't think the market or the private sector is going to pay attention to this until the last minute, which means sometimes in the first few weeks of february. >> do you think we will see spending cuts, and by the way, do you think we'll see even higher taxes, greg?...
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Sep 27, 2013
09/13
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FBC
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eye 96
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and then they had a big fight over budget, and debt ceiling, and that -- and following quarter, growth of cut in half, so president, saying that it could happen again. that this uncertainty about the government shut down, may already be having an impact to the economy. once against president trying to put pressure on the republicans and talking to their spits at home -- constituents back home about potential impact of that, there history he said on his side. liz: we want to flag our viewers 5:00 a.m. eastern time monday, adam shapiro and fox business team will be live to watch any developments and bring you up to speed on anything happened over the week. looking at price action, it of the volatility index showing sign of stress. >> indeed, let's get to today's action robert russell, rust and company, saying all about hinging risk -- hedging risk, he will show us, and gareth with ways. robert to you, question of how much what is happening in the beltway is affecting what is happening in wall street. we have seen a downward move, no question for last week or so. some of that is affected
and then they had a big fight over budget, and debt ceiling, and that -- and following quarter, growth of cut in half, so president, saying that it could happen again. that this uncertainty about the government shut down, may already be having an impact to the economy. once against president trying to put pressure on the republicans and talking to their spits at home -- constituents back home about potential impact of that, there history he said on his side. liz: we want to flag our viewers...
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Jan 15, 2013
01/13
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we'll get his take on whether the debt ceiling should be used to force spending cuts from the government. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. >>> welcome back. this is the chart of the day. if this is going to continue right here and close, this is going to be the first time that apple closes below $500 since february of last year. so for this year apple is the worst performing stock on the nasdaq 100 and the second worst on the s&p 500, bill. >> our herb greenbe
we'll get his take on whether the debt ceiling should be used to force spending cuts from the government. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living...
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Jan 2, 2013
01/13
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CNBC
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the last debt ceiling deal. that's the only way you got them. you can't count them twice. we got them. it's done. it's now time to deal with more spending cuts and entitlement reform. there's simply no other way to get there. this is not a revenue issue. i mean, we've just increased revenue, again, as adam said, both with the payroll tax and on high-income earners. it's time for the government to actually go on a diet, and it's time for us to make some really tough entitlement decisions that's going to take presidential leadership. >> all right, gentlemen. thank you both. i think we're in for a rough few months beforehand, but happy new year. thank you poet for joining us today. >> thank you. >> i don't know. >> i think you're right, bill. not just here. the world's attention is focused on this issue. thought we might wake up jan 1 and have some clarity. >> it's in two pieces, taxes last night and spending cuts coming, and that's going to be the tough one right there. in the meantime though, the market is moving
the last debt ceiling deal. that's the only way you got them. you can't count them twice. we got them. it's done. it's now time to deal with more spending cuts and entitlement reform. there's simply no other way to get there. this is not a revenue issue. i mean, we've just increased revenue, again, as adam said, both with the payroll tax and on high-income earners. it's time for the government to actually go on a diet, and it's time for us to make some really tough entitlement decisions that's...
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Jan 15, 2013
01/13
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FBC
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rich: republicans trying to figure out their opening position on the debt ceiling. democrats and the white house have already come out with theirs. president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all over the map. >> i do not think that this is a big deal. i do not see that as a big issue. what is coming out of this weekend retreat is far more important. connell: i would like to be a fly on the wall for that. >> also what is important is to remember how we got here. he has run trillion dollar deficits for the past four years of his administration. you have to pass a budget in the united states se
rich: republicans trying to figure out their opening position on the debt ceiling. democrats and the white house have already come out with theirs. president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w...
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Jan 22, 2013
01/13
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. >>> house republicans are giving up their fight to tie the debt ceiling to spending cuts. will that make a deal easier? what does it mean for your taxes? one influential congressman will join us and give us answers. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> another difficult day for boeing shareholders. shares are still under pressure. it's becoming clear the quick fix that boeing had been hoping for over its 787 dreamliner problems is becoming much less likely. fill lebeau has the latest on this. not a good situation at all for boeing. >> it's tricky. they still don'tfor the two inc. they have to peel back the onion further. i have had people saying what are they doing at boeing? are they working with the ntsb? a lot of it is centered around the everett factory, where the dreamliner is built they are out there doing tests, working in teams. i'm told it's hundreds of employees working on this 787 problem. they're not in one central location, but spread out throughout the bo
. >>> house republicans are giving up their fight to tie the debt ceiling to spending cuts. will that make a deal easier? what does it mean for your taxes? one influential congressman will join us and give us answers. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> another difficult day for boeing shareholders. shares are still under pressure. it's becoming clear the quick fix that...
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Jan 14, 2013
01/13
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CURRENT
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do they really think that congress is going to go along with raising the debt ceiling without demanding cuts in social security and cuts in medicare? no way. trust me. within a couple of weeks, the white house is going to be coming back and saying maybe we ought to do that trillion dollar coin after all. we will talk about that and more here but first take a little time out to get the latest. today's currents news update this morningnday morning. lisa ferguson has it out in los angeles. >> hey, bill. good morning, everyone. vice president joe biden is meeting with the house today getting ready to, to put together that list of recommendations to curb gun violence. there is one point where both sides agree, punishing people who lie on their background checks. until 2010, nearly 80,000 people were denied guns for lying or giving inaccurate information about their criminal history. but, only 44 of those people were actually charged with a crime. this is one of the issues joe biden's task force is looking at and we can last timing expect his plan to include a stronger focus on background che
do they really think that congress is going to go along with raising the debt ceiling without demanding cuts in social security and cuts in medicare? no way. trust me. within a couple of weeks, the white house is going to be coming back and saying maybe we ought to do that trillion dollar coin after all. we will talk about that and more here but first take a little time out to get the latest. today's currents news update this morningnday morning. lisa ferguson has it out in los angeles....
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Oct 11, 2013
10/13
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FBC
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eye 104
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so they made an offer last night , certain spending cuts to raise the debt ceiling, open the government back up or whatever part is not yet open, and they're waiting on a counter offer. meanwhile in the senate, fuse and the republicans are floating impactive of a plant, along with open up the government for about a year, short-term debt increase in exchange for repealing the device tax and the new anti-fraud verification system so that those don't abused government credits will sign up for obamacare, something a handful of republicans are selling to their colleagues. a number of different talks in the senate. announces mostly between the house leaders. over at the white house it is the beginning of these negotiations. short-term debt ceiling proposals that the house put out yesterday at what an increase the debt ceiling today, that really get things moving at the white house. so that offer is still on the table, something republicans still have to increase the debt ceiling until november charges second. everything else is a holding pattern. especially a vote on that. we are still waitin
so they made an offer last night , certain spending cuts to raise the debt ceiling, open the government back up or whatever part is not yet open, and they're waiting on a counter offer. meanwhile in the senate, fuse and the republicans are floating impactive of a plant, along with open up the government for about a year, short-term debt increase in exchange for repealing the device tax and the new anti-fraud verification system so that those don't abused government credits will sign up for...
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Jan 14, 2013
01/13
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CNBC
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he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a debt, but doesn't pay it. that's of a different order of magnitude from defaulting on the interest payments on the debt. in general, the white house wants you to believe that default is everything. and it's a terrible, terrible thing to happen. where as i think the republican point of view is more narrow, that you can default on other payments and still use the incoming cash flow from the treasury to make those interest payments. certainly we will have that cash flow to make those interest payments. the question becomes, remember what the meaning of the word is, we're now in a world of, carl, we're going to deba
he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a...
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Feb 10, 2013
02/13
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CNNW
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the results of a deal to end a debt ceiling debacle in 2011. next while congress takes a two-week break for easter and passover, funding for the federal government will expire. that means a shut-down if congress doesn't act in time. and april 15th, thanks to the no budget, no pay act, the house and senate must pass a senate or they stop getting paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's
the results of a deal to end a debt ceiling debacle in 2011. next while congress takes a two-week break for easter and passover, funding for the federal government will expire. that means a shut-down if congress doesn't act in time. and april 15th, thanks to the no budget, no pay act, the house and senate must pass a senate or they stop getting paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the...
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Jan 14, 2013
01/13
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KICU
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president obama has said he will not negoatiate on raising the $16.4 trillion debt ceiling, while house republican leader john boehner is insisting a debt increase would have to be accompanied by spending cuts to programs such as medicare. boehner has promised a vote tomorrow on $51 billion in aid to hurricane sandy vicitms. theres alot up in the air at boeing after a series of leaks and electrical glitches last week involving its latest aircraft, dubbed the 787 dreamliner. the faa will begin reviewing how the airliner is designed, manufacturered and assembled, with particular attention to the miles of electrical wiring used instead of heavier hydrallic systems. in a statement, boeing says "we are never satisfied while there is room for improvement. we welcome this opportunity to conduct this joint review." joe schwieterman of depaul university says it is too early for investors to be worried. "investors get nervous when there are these rollouts and there are problems. if this gets worse, boeing's stock could be affected, but i doubt it will be at this point. but who knows what will be
president obama has said he will not negoatiate on raising the $16.4 trillion debt ceiling, while house republican leader john boehner is insisting a debt increase would have to be accompanied by spending cuts to programs such as medicare. boehner has promised a vote tomorrow on $51 billion in aid to hurricane sandy vicitms. theres alot up in the air at boeing after a series of leaks and electrical glitches last week involving its latest aircraft, dubbed the 787 dreamliner. the faa will begin...
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Jan 3, 2013
01/13
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CURRENT
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on the debt ceiling. >> right. they also want to have the kind of -- they also won't have the kind of attention the fiscal cliff was getting the end of the year and such a big disaster coming, that they were talking about -- that really changes the game a lot and it seems pretty clear from what mitch mcconnell and others among the senate republicans and their aides are talking about here, that they -- that was not a mistake. they went into that thinking okay, the president has basically backed us up against a wall. we can't let the fiscal cliff happen. we can't let the tax issue be lost. but we can come back and do much more. >> bill: so let me ask you a quick -- when the president says -- as he said, i'm going to refuse to negotiate on the debt ceiling. i'm not going to get into any back and forth over the debt ceiling. can he really hold to that promise? >> that seems like a promise that he cannot hold to. i think the congressional republicans probably agreed to that statement with the response of you think so? b
on the debt ceiling. >> right. they also want to have the kind of -- they also won't have the kind of attention the fiscal cliff was getting the end of the year and such a big disaster coming, that they were talking about -- that really changes the game a lot and it seems pretty clear from what mitch mcconnell and others among the senate republicans and their aides are talking about here, that they -- that was not a mistake. they went into that thinking okay, the president has basically...
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Oct 14, 2013
10/13
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FBC
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eye 125
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raise the debt ceiling, reopen the parts of the government that are closed and included spending cuts and mandatory health care ts as well. house republicans say they're waiting for a sponse from the white house on all of this. right now you have this sense in shington where their rhetoric has been gile down. folks in theouse are letting th negotiators for congressional leaders andhe3 white house talk this one out. there's a separate track going on in the scent. a number of republicans floating their own plans looking for democrats to sign on board which would closor open the governme for another year or fund the government for another year, raise t debeiling for short-termn the medical device tax and health care law. the number of proposals floating around that these white hse house republican negotiations are really the primary track right here. waiting to see. i have to tell you, democrats and republicans have been stuck on issues of taxes, revenues, government spending for years now. there are some certain things that they ccn do within that where they sort of agree and will be wi
raise the debt ceiling, reopen the parts of the government that are closed and included spending cuts and mandatory health care ts as well. house republicans say they're waiting for a sponse from the white house on all of this. right now you have this sense in shington where their rhetoric has been gile down. folks in theouse are letting th negotiators for congressional leaders andhe3 white house talk this one out. there's a separate track going on in the scent. a number of republicans floating...
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Jan 23, 2013
01/13
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they're stepping away from the idea that raising the debt ceiling must be accompanied by spending cuts. they're decoupling that which is what the white house and democrats argue what should be done. people on the house side says this forces the hand of the senate. each side is trying to spin this as a victory. certainly the thinking is that at least one of the things that the president said he wanted to do, which is set aside the rest of these fiscal debates and break them apart in the idea of raising the debt ceiling. depends who you ask, martin. >> after the debt ceiling, dairy ask what's sneks is there another potential crisis waiting in the wings? >> reporter: it seems like there's always a crisis. >> it does. >> reporter: we still have the sequester, the fiscal cliff from the beginning of the year. all that did was kick the can down the road. we're talking about 8% to 10% in cuts. that's something they also have to deal with. also the budget resolution. that expires in the end of march. one more thing to deal with in the midst of all of this. more excitement on the way, martin. >>
they're stepping away from the idea that raising the debt ceiling must be accompanied by spending cuts. they're decoupling that which is what the white house and democrats argue what should be done. people on the house side says this forces the hand of the senate. each side is trying to spin this as a victory. certainly the thinking is that at least one of the things that the president said he wanted to do, which is set aside the rest of these fiscal debates and break them apart in the idea of...
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Jan 15, 2013
01/13
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in a monday afternoon press conference, president obama said he would not negotiate on the debt ceiling although he said he's open to more spending cuts but he insisted the u.s. is, quote, not a dead beat nation. officials in stratford, connecticut, plan to rename an elementary school in honor of victoria soto, a teacher killed in last month's newtown school shooting. officials say she died trying to shield her students from the gunman. >>> walmart will announce a plan to hire every veteran cha wants a job, which could mean 100,000 new jobs. >>> george w.h. bush was released from the hospital after a month. >>> william paul, son of kentucky rand paul, faces charges of assaulting a flight attendant on a january 5th flight. in addition to underage drinking and other charges. >>> the chicago transportation authority is suing united airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental
in a monday afternoon press conference, president obama said he would not negotiate on the debt ceiling although he said he's open to more spending cuts but he insisted the u.s. is, quote, not a dead beat nation. officials in stratford, connecticut, plan to rename an elementary school in honor of victoria soto, a teacher killed in last month's newtown school shooting. officials say she died trying to shield her students from the gunman. >>> walmart will announce a plan to hire every...
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Jan 15, 2013
01/13
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and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> the president claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say we don't want to give the president a blank check. we would like to fix the substantive problem which is the level and the growth in the debt. >> reporter: markets are almost treating the fight over the debt ceiling as the sequel to a bad movie. and investors have a pretty good feel for how this cliffhanger ends. >> they don't really care about the brinksmanship until they are right up to the brink, but also, the more dangerous the fall, off the brink, they figure the less likely that it's going to happen. >> reporter: treasury secretary timothy geithner told congress today that unless it acts, the na
and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> the president claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say...
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Jul 24, 2013
07/13
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if they have more spending cuts because of the debt ceiling, will that grow next year's economy faster? >> yes, it will, but let me say, i do agree with austin. the sequester is a meat axe approach, it did not mean we should not cut spending, we should cut it in the least useful programs. that i agree with. anyone that said, that increase in government spending at this stage will stimulate the economy is crazy. when the republicans try to get better, bigger and more pro growth spending cut, that is perfectly correct of them to do. if they deny it and go through with the debt ceiling, that could be too much. >> that would be too much. >> that would be real dumb. threatening and talking and negotiating about it and doing quid pro quo is great and i think they should. >> your man still has, we are facing tax hikes, we had one tax hike this year and a lot of obama tax hike coming in and regulatory burdens, i want to hear you defend the war against coal and carbon emissions. these things will slow down growth. these things are -- >> i have to cut you off, and i have to put 5 more things in
if they have more spending cuts because of the debt ceiling, will that grow next year's economy faster? >> yes, it will, but let me say, i do agree with austin. the sequester is a meat axe approach, it did not mean we should not cut spending, we should cut it in the least useful programs. that i agree with. anyone that said, that increase in government spending at this stage will stimulate the economy is crazy. when the republicans try to get better, bigger and more pro growth spending...
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Feb 26, 2013
02/13
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ceiling mess coming up. >> bill: that's the end of the month. we go from crisis to crisis. >> that's how we roll these days >> bill: wait around. >> by doing this, not only are they trying to push their agendas but they get to roadblock his second term agenda. the longer he spends on this, the less time he has for anything else. >> bill: get this done once and for all and get on to climate control and immigration reform and gun safety. don, igor, let's say hello to don from nashua, new hampshire. >> caller: how is it going? >> bill: pretty good. thanks for checking in. what's your point? >> caller: it is getting pretty sickening with boehner and his band of idiots what they're doing to this country. it seems like they won't be happy until they have a war on us. >> bill: boehner, in terms of digging in his heels and totally refusing to compromise so president obama is going down to newport news virginia, today to talk about the impact on our ship building, shipping and on the military. and boehner says he's just campaigning. right? >> you know, i
ceiling mess coming up. >> bill: that's the end of the month. we go from crisis to crisis. >> that's how we roll these days >> bill: wait around. >> by doing this, not only are they trying to push their agendas but they get to roadblock his second term agenda. the longer he spends on this, the less time he has for anything else. >> bill: get this done once and for all and get on to climate control and immigration reform and gun safety. don, igor, let's say hello to...
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the decision on america's multi-trillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. literally and set to vote on guaranteed monthly handouts worth thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. this is already coming to you live from moscow i'm marina welcome to the program and leading us tech companies are seeking to undo the damage from the n.s.a. scandal that revealed their part in government spy programs the internet giants are asking the federal court to lead them reveal details about the agency's data requests a move that's been slammed by the justice department music often of looks at what could have prompted this fight for transparency. in the wake of the u.s. national security agency scandal much of the tech industry has grown critical of government snooping some companies named as partners in the n.s.a.'s prism program including google and facebook even sued the u.s. in order to set the record straight they're hoping to fight the percep
the decision on america's multi-trillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. literally and set to vote on guaranteed monthly handouts worth thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. this is already coming to you live from moscow i'm marina welcome to the program and leading us tech companies are seeking to undo the damage from the n.s.a....
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Jan 4, 2013
01/13
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with the looming debt ceiling crisis, lawmmkers cut spending, which as proved not to be an asy task with partisan politics at ppay. the new year we'll focus on is seeing if we can put a paccage little bit less drama, a - little bit less brinksmanship. this coogresssincludes the fiist openlyygayyseeatorrann the first openly bi-sexual member from either chamber.it also ncludes a record number of women - 20 in tte senate and 81 in the house. the new congress is scheduled to vote todayy.. on aid foo viccims of superstorm sandy. the house is expected to billion-dollar measure... to pay for flood insurance claims. some lawmaaers say the mooey is urgently needed for storm victtms... who have been awaiting claim checkk sincc this was the scene thursday... as earry 4-hundred sandy hook sttdents resumed class.tte siteeof the shooting is still part of an ongoing investigation... so former middle school in nearby town was re-puuposed... and reeamed students a sense of familiarity... desks and otter oojects were bbought to their new school. a number of &pparents also spent the day there... discussing
with the looming debt ceiling crisis, lawmmkers cut spending, which as proved not to be an asy task with partisan politics at ppay. the new year we'll focus on is seeing if we can put a paccage little bit less drama, a - little bit less brinksmanship. this coogresssincludes the fiist openlyygayyseeatorrann the first openly bi-sexual member from either chamber.it also ncludes a record number of women - 20 in tte senate and 81 in the house. the new congress is scheduled to vote todayy.. on aid...
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Aug 26, 2013
08/13
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FBC
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the republicans said they want broadly to have cuts equal to what the debt ceiling would be raised but the time line has been moved up remember the government spending authority runs out october 1st this is a lot for congress to do when they returned. adam: is seen as we went through this exact scenario in december last year that ruined new year's eve and here we are again how messages of love for legitimate? >> if you talk about the date the treasury is usually on target. they have said mid october or mid november in treasury was pushing to get it done. they don't want to exceed the of borrowing limit that we did a couple of years ago we went up to the last day in 2011 that gave us the sequester and budget control act. this time they want to be ahead of the negotiations but mid october right now and congress is not backing and republicans want -- or some want to raise the ceiling. adam: we are down on the dow 23 points. thank you very much. the closing bell will ring in 15 minutes we have your results of a survey of people who just cannot live without their hands that even for a few m
the republicans said they want broadly to have cuts equal to what the debt ceiling would be raised but the time line has been moved up remember the government spending authority runs out october 1st this is a lot for congress to do when they returned. adam: is seen as we went through this exact scenario in december last year that ruined new year's eve and here we are again how messages of love for legitimate? >> if you talk about the date the treasury is usually on target. they have said...
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the decision of america's multitrillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. and switzerland to such a varied on guaranteed a monthly handout with thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. life from moscow you watching r t you with me on new day it's good to have you company with us let's take a look at the top story. living in the u.s. a tech companies are seeking to undo the damage from the n.s.a. scandal that revealed their part in government spying programs the internet giants are asking the federal court to let them reveal details about the agency's data requests a move that's been misled by the justice department arches lose again for nothing said what could have prompted this wide for transparency. in the wake of the u.s. national security agency scandal much of the tech industry has been critical of government snooping some companies named as partners in the n.s.a.'s prism program including google and facebook even sued the u.
the decision of america's multitrillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. and switzerland to such a varied on guaranteed a monthly handout with thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. life from moscow you watching r t you with me on new day it's good to have you company with us let's take a look at the top story. living in the u.s. a tech...
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Jan 17, 2013
01/13
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FBC
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republicans are floating a short-term debt ceiling increase with some modest cuts to deal with the automatic spending cuts that government funding levels and get back to an argument or discussion over the debt ceiling and spending levels once you reach the next few months. that is right now what they are discussing. they have not decided on that strategy. this is just the house republican strategy. it would then have to keep an over to the senate and agree with senate democrats and the white house. for republicans they say this is all about structural spending changes. >> i think it is very clear at this is not just the notion of paying back past dues for the united states but also making sure that the dead obama administration wants to continue to incur is restrained. >> reporter: republican leaders continue to meet with members discussing a number of different ways to deal with the debt ceiling, short-term mr. -- short term. also a longer-term extension of the ceiling that would involve larger cuts, structural changes to entitlements and tax reform, all of these issues are still kicking ar
republicans are floating a short-term debt ceiling increase with some modest cuts to deal with the automatic spending cuts that government funding levels and get back to an argument or discussion over the debt ceiling and spending levels once you reach the next few months. that is right now what they are discussing. they have not decided on that strategy. this is just the house republican strategy. it would then have to keep an over to the senate and agree with senate democrats and the white...
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Oct 11, 2013
10/13
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FBC
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the plan wod give t esident this 6-week extension ofhe debt ceiling that would push pential default back unti november 22nd read before thanksgiving. both parties wou b appointed to try and work out aroader budget package of the president agrees to sit and talk about spending cuts and tax reform as part of a deal toet the governme back open. >> it is time f these negotiations and is compensation to begin, and i wou hope that the president would look this an opportunity and a good-faith effort i apart to move halfway. >> reporter: that means death speaker is givin the psident to clean extension of the debt ceiling but is not opening the government without conditions. nonetheless the white use seems eager for at least a partial deal. ite house spokesman offered sues the market.s designed ted the dow soared by over 300 points on speculation f a potential deal >> the predent is happy that cooler heads seem to be prevailing. there a least seems to be recognition that the fault is not an option. >> there are still huge road blocks starting with wheth the ker can getnough tes to raise the debt
the plan wod give t esident this 6-week extension ofhe debt ceiling that would push pential default back unti november 22nd read before thanksgiving. both parties wou b appointed to try and work out aroader budget package of the president agrees to sit and talk about spending cuts and tax reform as part of a deal toet the governme back open. >> it is time f these negotiations and is compensation to begin, and i wou hope that the president would look this an opportunity and a good-faith...
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Feb 12, 2013
02/13
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and postponed some of the other issues like the debt ceiling which is going to come up quickly in the new year and has been postponed to may 19. we also have a sequestration that was postponed for two months and that is coming back at the end of february. we govern by c.r., we have a continuing resolution debate coming up on or before the 27th of march. we have spread these crisis out over the first half of the year. that is difficult for the economy to manipulate. as we started to see fundamental improvement else, where we will see refocusing on the inability of our government to come to terms with its spending, taxes, and debt and deficits. that will continually, i believe, rival markets and call into question the optimistic factors we're seeing. i would like to call the panel up here. we're going to start going through -- we're going to do john first -- excuse me. we're going to do frank first on the housing then john then bob. we will try to keep everything on schedule and get out of here at 10:30. thank you >> thank you, marty. i want to thank the foundation for hosting the event
and postponed some of the other issues like the debt ceiling which is going to come up quickly in the new year and has been postponed to may 19. we also have a sequestration that was postponed for two months and that is coming back at the end of february. we govern by c.r., we have a continuing resolution debate coming up on or before the 27th of march. we have spread these crisis out over the first half of the year. that is difficult for the economy to manipulate. as we started to see...
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>> when does the clock run out, liz, did you say on the latest debt ceiling? liz: yeah, uh-huh. >> it already ran out back on may 18th, and it is -- but, as you know, the treasury is doing a special and extraordinary measure to stay under the debt ceiling by not funding federal pensions and pensions for federal employees, not using this foreign exchange fund that the treasury has, so for now, we won't -- we'll be able to pay -- the government can pay bills probably until after labor day, according to the treasury, probably into october, possibly november, and i do want to point out, though, that standard and poors feels a bit better about the partisan divide here in washington now. not that it won't continue, but if it does, it's not as potentially damaging, especially after the budget deal at the beginning of the year to raise taxes and raise the debt ceiling to may 18th and now longer. in a new report last month, s&p analysts expect repeated divisive debates over raising the debt ceiling this fall, but they expect them to conclude without provoking a sharp d
>> when does the clock run out, liz, did you say on the latest debt ceiling? liz: yeah, uh-huh. >> it already ran out back on may 18th, and it is -- but, as you know, the treasury is doing a special and extraordinary measure to stay under the debt ceiling by not funding federal pensions and pensions for federal employees, not using this foreign exchange fund that the treasury has, so for now, we won't -- we'll be able to pay -- the government can pay bills probably until after labor...
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the decision on america's multi-trillion dollar debt ceiling a raises fears for the world economy on the government cuts back on space missions to save itself from default. and asserts a lens is set to vote on the guarnteed of monthly handout to the rebels of dollars on a pilot scheme to provide citizens with a lifetime of financial security. everyone welcome to you if you've just joined us here on our team your love with me to mom would say let's take a look at our top story this hour. leaving you with tech companies are seeking to undo the damage from the n.s.a. scandal that revealed a pont in government spying programs the internet giants are asking the federal court to let them reveal details about the agency's data requests a move that's been slammed by the justice department r.t. as you see capital flow said what could have prompted this fight for transparency. in the wake of the u.s. national security agency scandal much of the tech industry has been critical of government snooping some companies named as partners in the n.s.a.'s prism program including google and facebook eve
the decision on america's multi-trillion dollar debt ceiling a raises fears for the world economy on the government cuts back on space missions to save itself from default. and asserts a lens is set to vote on the guarnteed of monthly handout to the rebels of dollars on a pilot scheme to provide citizens with a lifetime of financial security. everyone welcome to you if you've just joined us here on our team your love with me to mom would say let's take a look at our top story this hour. leaving...
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Feb 6, 2013
02/13
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MSNBC
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if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and the entire $1.2 trillion will be a 50-50 defense between defense and spending. to put us into perspective is the center for social inclusion. the sequester was designed to be something that would never happen. prot expect would scare washington into coming out with something else. there sounds out of washington, particularly from republicans that they might be okay with nothing happening and sequester being triggered. half is defense and half non-domestic discretionary spending. can you explain to people what would be cut if the sequester goes into effect. >> it's a pleasure to be here.
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and...
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Jan 4, 2013
01/13
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whether to raase the naaionns debt ceiling agaan.../.thht & deadline... is only two months away .../ and... republicaas are expeeted to push for omething ...that was dropped... almost... entirely from the fiscal cliff deal.../ cuts... & in government sppnding. 3 mcconnell sayss "we cannot agree to increase that borrowing limit wwthoutt agreeing tooreforms that lower the avvlancce of speeding -3 that'' creating this debt in the first placee"obama ays, many thhngs, i will not have another debate withhthis congress over whether or not they''e already racked up through the laws that they passed." passed." 33 the last ebt ceeling debate fliittd with the first evvr us governmmnt default and left us wwth a ssiggtly lowered credit rating. 3 wx>-3 3 3 wx> 3 3 3&pgettinngthe blame foo obesity. tte substance that can ttick you inno eating too much. 33 pi'm going to ttyyagain this year to gettinto better physical hape p3 3 sticking with your new years pesslution... how you're pmartphhne can help. the... type of here you go, breakfast sandwic
whether to raase the naaionns debt ceiling agaan.../.thht & deadline... is only two months away .../ and... republicaas are expeeted to push for omething ...that was dropped... almost... entirely from the fiscal cliff deal.../ cuts... & in government sppnding. 3 mcconnell sayss "we cannot agree to increase that borrowing limit wwthoutt agreeing tooreforms that lower the avvlancce of speeding -3 that'' creating this debt in the first placee"obama ays, many thhngs, i will not...
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Jan 19, 2013
01/13
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as the debt ceiling hovers over head? >>> plus governor jerry brown up close and personal. in an exclusive interview with pbs "newshour's" spencer michels. >> it drives me crazy when people say, you haven't done anything. should we cut the colleges more and pump it into the prisons? >> our spotlight on politics coming up next.
as the debt ceiling hovers over head? >>> plus governor jerry brown up close and personal. in an exclusive interview with pbs "newshour's" spencer michels. >> it drives me crazy when people say, you haven't done anything. should we cut the colleges more and pump it into the prisons? >> our spotlight on politics coming up next.
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Jan 1, 2013
01/13
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to play that debt ceiling game, or i'm not going to negotiate cuts with the debt ceiling. republicans say, well, they are -- they're going to demand cuts, or they won't raids the debt ceiling -- raise the debt ceiling. this is the frustration among conservatives, that the cuts always come later, they don't come now. and that's why there are going to be a lot of no votes from house republicans. rick: i remember president bush's second term statement that he had collected political capital, and he intended to use it. on the president's side here, how much political capital has he spent on this deal right now? >> well, he certainly spent some. he's going to spend a lot on immigration reform. that's going to be a very difficult fight. he also wants to move energy and gun control. i doubt he has the votes on any major gun control effort, but that's going to move very quickly early next year. so i think he spent some. the polls indicate he's in good standing now -- rick: right. >> but republicans say he's at the highest standing he will be probably for the rest of his term and,
to play that debt ceiling game, or i'm not going to negotiate cuts with the debt ceiling. republicans say, well, they are -- they're going to demand cuts, or they won't raids the debt ceiling -- raise the debt ceiling. this is the frustration among conservatives, that the cuts always come later, they don't come now. and that's why there are going to be a lot of no votes from house republicans. rick: i remember president bush's second term statement that he had collected political capital, and...